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Cogency develops liquidity management tools for FoFHs


Investors are seeking better ways to track liquidity as more hedge funds suspend redemptions and institute gates.

Cogency Software has expanded its support to funds of hedge funds dealing with changing liquidity terms with underlying managers. It is also offering tools to assist in restructuring fund of funds to create liquidating trusts or implement temporary suspension of redemptions for their own investors.

"There is more transparency now, as managers are more apt to show liquidity reports to clients," said Jeffrey Axelrod, chief executive officer of Cogency, which now offers liquidity reports that can give investors a sense of what portion